Virgin Atlantic Airways restructuring wins IFLR1000 Europe Restructuring Deal of the Year 202130 April 2021
The deal is one of the most significant airline restructurings to have taken place since the onset of the Covid-19 crisis.
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Covid-19 Aviation Restructuring Report 2.029 April 2021
This updated edition explores how the market’s response has developed, the trends that have emerged and some significant changes to legislation in the UK and incorporates a valuable table comparing the key features of a UK scheme of arrangement, a UK restructuring plan and the US’s Chapter 11 rehabilitation procedure, as well as case studies on the restructurings of Virgin Atlantic Airways and Malaysian Airlines Berhad.
German Federal Labour Court limits employees’ right to information on e-mails28 April 2021
This German-language article explores a recent decision from the Federal Labour Court on the limitation of the right to information on e-mails under a new data protection law.
New German bill tightens real estate transfer tax on share deals27 April 2021
Significant changes for share deals relating to entities owning German real estate passed the German Parliament and shall become effective from 1 July 2021.
Commercial Disputes Weekly – Issue 7127 April 2021
This week’s Commercial Disputes Weekly features the latest from the Court of Appeal on limitation, together with a decision on the manner in which security for costs should be provided, and the relevant test for the implication of terms, plus a warning on the risk of parallel proceedings for the enforcement of judgments.
Maritime Webinar Series – Episode 211 May 2021
Join Watson Farley & Williams for to the second episode of our Maritime Webinar Series on 11 May.
Important new guidance on interpreting exclusion and limitation clauses26 April 2021
This article explores a recent TCC decision that has provided long overdue and important confirmation on how clauses excluding or restricting liability for breach should be interpreted.
Strategic investments in listed companies and shareholder relationship agreements26 April 2021
This article examines relationship agreements in the context of companies whose shares are admitted, or are seeking admission, to trading on one of the markets operated by the London Stock Exchange or Aquis Stock Exchange.
WFW advises Danaos on US$1.25bn refinancing23 April 2021
Danaos has refinanced all its outstanding debt under nine senior secured credit facilities, streamlining its capital structure from nine credit facilities to one.
WFW Secures Important Agency Disputes Win for BCP21 April 2021
The long-running case was eventually decided in BCP’s favour after almost five years. The Supreme Court’s judgment has established a legally sound and commercially viable precedent for petroleum industry participants.
Commercial Disputes Weekly – Issue 7020 April 2021
In this week’s Commercial Disputes Weekly, find out what the Court of Appeal had to say about banker’s duties, without prejudice privilege and limitation periods.
The EU Taxonomy for Sustainable Investments – Agriculture and Forestry (Soft Commodities)19 April 2021
In the fifth article of our sector series on the EU Taxonomy Regulation for Sustainable Investments, we set out the key concepts it introduced and explain what they means for market participants in the forestry and agriculture sectors.